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17 May 2024 7:52
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  •   Home > News > Business

    Acknowledgement Pharmac's record funding-boost, will address the fiscal cliff it faces

    Acknowledgement Pharmac's record funding-boost, will address the fiscal cliff it faces


    An additional 1.7-billion dollars spread over four-years has been ear-marked for the drug-buying agency, in the upcoming Budget.

    Chief Executive Sarah Fitt says the extra cash covers time-limited funding for some treatments -- which ends this year.

    She says the fiscal hole was always known, as the funds outlined in Budget 2022 only went though to Budget 2024.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     17 May: Uncertainty around Fonterra's plan to sell well-known brand Anchor
     17 May: Fonterra's CEO says the co-op's decided to divest a number of overseas operations, for the good of the business
     16 May: Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?
     16 May: Softening performance in the property market - reflecting external factors at play
     16 May: Regional New Zealand is facing challenging times as local economies slow
     16 May: A new report shows the poor economic climate continues to make life difficult for regional economies
     15 May: A retail group says Foodstuffs' sudden crime spike is being felt throughout the sector
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     Today's News

    Entertainment:
    Ryan Reynolds has cheekily joked about how his wife keeps him active when he gets home 7:41

    Entertainment:
    Madonna believes watching her mother die is why she has a "tumultuous relationship with sleep" 7:11

    Entertainment:
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    Entertainment:
    Rumer Willis "grew up in a naked house" and can't understand why people take issue with her breastfeeding pictures 6:11

    Netball:
    Netball New Zealand's high performance boss Stephen Hotter is touting the networking benefits of the Silver Ferns coach joining the New South Wales Swifts as a specialist 5:37

    Netball:
    Silver Ferns coach Noeline Taurua will link up with Australia's New South Wales Swifts in a short-term capacity as a specialist coach 4:37

    Business:
    Uncertainty around Fonterra's plan to sell well-known brand Anchor 4:37

    Basketball:
    The Dallas Mavericks are within a game of the NBA's western conference finals, after a commanding 104-92 win at the top seeded Oklahoma City Thunder 4:37

    International:
    Crew trapped on Baltimore ship as investigation continues into power blackouts that caused Key Bridge collapse 4:37

    Law and Order:
    A murderer's lost a battle to allow child sex offenders in a prison rehab programme to be permitted to have sex 4:37


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